All Investor Updates

Feb. 20, 2024

In a continuing sweep, the PCAOB has sanctioned four audit firms for violating PCAOB rules and standards related to audit committee communications.

Enforcement
Feb. 7, 2024

The PCAOB has announced the 2024 new, reappointed, and continuing members of its advisory groups.

About the PCAOB
Feb. 6, 2024

The PCAOB has barred and fined an engagement partner and engagement quality review partner for failures in auditing financial statements and internal controls.

Enforcement
Jan. 30, 2024

A PCAOB staff report provides insights and reminders for auditors regarding potential factors contributing to high deficiency rates in broker-dealer engagements.

Inspections
Jan. 24, 2024

The PCAOB has sanctioned audit firm Jack Shama and its sole proprietor for audit and quality control violations.

Enforcement
Jan. 23, 2024

The PCAOB has sanctioned Haynie & Company and four of its current and former partners for audit and quality control violations.

Enforcement
Dec. 21, 2023

A new staff report provides observations from the PCAOB’s target team, a group of inspectors who focus on emerging audit risks and other topics.

Inspections
Dec. 20, 2023

In a new staff report, the PCAOB’s staff has outlined 2024 inspection priorities, with a focus on driving improvements in audit quality.

Inspections
Nov. 30, 2023

Imposing $7.9 million in fines, the PCAOB has sanctioned three China-based firms and four individuals in historic settlements.

Enforcement
Nov. 30, 2023

Chair Williams issues statement on the PCAOB’s enforcement orders against China-Based firms.

Enforcement
Nov. 28, 2023

The PCAOB has sanctioned three firms for failing to make required Form AP disclosures, or to do so on a timely basis.

Enforcement
Nov. 28, 2023

The PCAOB has sanctioned three firms for failing to make required disclosures on Form 3, or to do so on a timely basis.

Enforcement
Nov. 16, 2023

The PCAOB approved its 2024 budget to carry out its strategic plan’s goals and protect investors.

About the PCAOB
Nov. 15, 2023

The PCAOB has sanctioned six audit firms for violating PCAOB rules and standards related to audit committee communications.

Enforcement
Nov. 15, 2023

The PCAOB has sanctioned Somerset CPAs, P.C. and three of its partners for violations of PCAOB rules and audit standards.

Enforcement
Nov. 15, 2023

The PCAOB has sanctioned KPMG AZSA LLC for quality control violations.

Enforcement
Nov. 14, 2023

The PCAOB has fined PwC Greece $3 million for audit violations.

Enforcement
Nov. 1, 2023

The PCAOB has revised its standard-setting, research, and rulemaking agendas following record-setting action in 2023.

Standards
Oct. 27, 2023

The PCAOB has announced the agenda for the November 2 meeting of its Standards and Emerging Issues Advisory Group.

About the PCAOB
Oct. 24, 2023

The PCAOB has sanctioned Smythe LLP for improper use of unregistered firms in four audits.

Enforcement